The article outlines HMRC's VAT inspection requirements for construction firms, detailing necessary records, compliance checks, and tips for successful inspections.
The article explains how to manage Domestic Reverse Charge VAT on mixed invoices in Xero and QuickBooks, detailing invoice requirements, setup processes, and common mistakes.
The article provides a comprehensive guide on the Domestic Reverse Charge VAT for construction, detailing its application, requirements, invoice wording, and VAT return procedures for UK firms.
This guide outlines the correct workflows for UK contractors using ServiceM8 with Xero to ensure accurate Domestic Reverse Charge and CIS reconciliations.